Analyst

Thick headed business, no business fundamentals, and a lost product roadmap

Journalist

Which team? I know that this has been going on for a while now. Silent layoffs. PIPing people or asking them to resign. I heard a lot of BDRs and Sales team was impacted.

UX/UI designer

Could you share exact details of the size of the Layoff? This is for a news piece on Layoffs, will be kept completely confidential. You can mail me at researchlady@protonmail.com

Marketing manager

Looks like the Jio layoffs are continuing with Haptik now being affected. A friend just got laid off yesterday.

Haptik (Jio) is laying off people

Haptik (Jio) is laying off people- Grapevine

Haptik recently did a silent layoff for 100+ people
Some folks were hired just a couple of months ago

Jio Haptik silent layoff

Growth Manager

Have heard that the company is firing people left right and centre. Sales people are living quarter to quarter. BDRs are being asked to go. Growth team has dissolved. Customer success folks are being fired. COO has resigned. Jio has tightened its funding purse. Toxic culture all around!

Utterly clueless company !!

Layoffs at Jio Haptik!!

My friend informed that silent layoffs are expected in Gojek today

Layoff Gojek

Product Manager

HR is having 15-20 meets everyday, anyone can confirm with their calendar. 

Multiple HRs multiple laid off people. Zero severance. They are pressuring people to resign and saying you have to resign today itself! 

Market is going to get flooded with Paytm folks. 

Worst regret is that management and CEO made bad decisions and flunked compliance / risk. But after crackdown by RBI they are making employees suffer. 

It is heard that this will continue to go on till months. 

There should be a course on how to behave and work like a CEO.

Paytm is laying off people since May 27 (forced resignation)

Software Engineer

Hubilio Laid off

Founder

Hi Guys,
The management at Paytm has informed around 30-40 % will be laid off in May end.

I will be affected by Paytm layoffs as list is being prepared.
Any referrals/leads for backend software Engineer(tech stack Scala,Kafka,SQL,AWS ) would be helpful as I had joined Paytm as fresher last year.Total experience will be 1 year in June.

Laidoff by paytm

Software Developer

Does anyone know if there are any layoffs happening at Cred? I have heard rumours of the same!

Layoffs at Happay? Which is by Kunal Shah?

Welcome to Fintech India's Private Community

1. some people are pressured into resigning under the guise of poor performance, despite years of dedication.
2. sudden demand for employees to work from the office on specific days, hinting at wanting people to quit on their own.
3. layoff happening as reported by media (and internal group on grapevine), still unclear on how deep the cut will be can be from 20% or above; numbers are speculative, lets wait and watch, many have started getting the calls from HR; shabbily handled.
4. let's not talk about increments 🤡

🤞🏻 lets see what happens today and in the next few weeks; hope things become better

Here is what is happening at Paytm

There was some call around 9 AM today, some folks are laid off. Didn't know the % yet.

Haptik (Jio) is laying off people

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